Post by
StockscoutX on Aug 25, 2024 11:30am
Optimism has come back at QUIS!
It's been a long time experiencing sober and dissapointing QR releaes one after the other but this QR has given lots of optimism going forward. Bodes very well for the months to come and more.
Read this from their QR :
Management Commentary
“The first half of 2024 has unfolded as anticipated, with consistent revenue and earnings, alongside promising growth in customer demand,” stated Quisitive CEO Mike Reinhart. “Our AI roadmap services have been met with strong customer interest, resulting in a robust backlog of engagements. This is a positive sign, as the initial readiness phase is crucial for setting the stage for the full-scale AI deployment in 2025, which is key to maximizing our AI investment returns. With 90% of our first-half revenue coming from long-standing customers, we are seeing strong reengagement and continued trust in our services. As customer purchasing patterns have improved, we are optimistic about the remainder of this year and into 2025, especially as we align with Microsoft’s AI go-to-market strategy to drive innovation in this transformative AI landscape.”
Comment by
TrevDesch on Aug 25, 2024 6:39pm
I agree! First time there has been excitement around Quis for some time. They expanded quickly while their SP was high, but so were the valuations for the companies they purchased. ...quite a mighty fall, but things are looking up.